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LU1749024961

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Analysis and statistics

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About

LU1749024961 is the ISIN (International Securities Identification Number) for a specific sub-fund within the European Fund for Sustainable Development (EUFUND). This particular ISIN represents a share class within that sub-fund, likely offered to a specific type of investor or denominated in a particular currency. To determine the exact nature of the sub-fund, its investment strategy, fees, and other key details, one would need to consult the fund's prospectus or key investor information document (KIID), as the ISIN only identifies the specific share class and not the overall investment objective. EUFUND, in general, aims to mobilize investments that contribute to sustainable development and job creation in Africa and the European Neighbourhood.
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Factors

Underlying Asset Performance: The primary driver is the performance of the assets held within the fund. If the underlying investments increase in value, so too will the fund's price.

Market Sentiment: Overall market conditions and investor confidence can impact demand for the fund, affecting its price.

Economic Conditions: Macroeconomic factors such as interest rates, inflation, and GDP growth influence the performance of the assets held by the fund.

Fund Flows: Large inflows or outflows of investor money can create buying or selling pressure, influencing the fund's price.

Currency Fluctuations: As the fund likely holds assets denominated in different currencies, exchange rate fluctuations impact its value when converted back to the fund's base currency.

Expense Ratio: The fees charged by the fund's managers directly impact the net return and, consequently, its price.

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